Announced
Synopsis
Hy-Vee, an employee-owned chain of supermarkets, agreed to acquire Strack & Van Til Food Market, a grocery store chain. Financial terms were not disclosed. “As our company continues to expand into Indiana and the Southeast region, Strack & Van Til’s customer-centric focus and company vision to ‘make lives easier’ aligns with Hy-Vee’s values and growth strategy. We look forward to welcoming Strack & Van Til’s approximately 2,800 employees into the Hy-Vee family in the weeks to come,” Jeremy Gosch, Hy-Vee CEO.
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